Minfocus Confirms No Delivery of a Requisition for a Shareholder Meeting by GreenBank Capital in Accordance with the BC Business Corporations Act

Minfocus Confirms No Delivery of a Requisition for a Shareholder Meeting by GreenBank Capital in Accordance with the BC Business Corporations Act

Toronto, ON (FSCwire) - Minfocus Exploration Corp. (TSX-V: MFX) (“Minfocus” or “Company”) wishes to confirm, contrary to the news release disseminated by GreenBank Capital Inc. (“GreenBank”), issued on March 15, 2018 (“GB News Release”), in which GreenBank announced again that it had requisitioned a shareholder meeting of Minfocus Exploration Corp. pursuant to section 167 of the British Columbia Business Corporations Act (the “Act”), that as of the close of business yesterday March 15, 2018, the Company has not received a requisition for a shareholder meeting delivered in accordance with the requirements of the Act.

The Board of Directors of Minfocus will respond accordingly when, and if, it receives a requisition delivered in accordance with the British Columbia Business Corporations Act. No such requisition has been delivered to Minfocus in accordance with the Act to date, contrary to the claims by GreenBank.

For further information, please contact:

Kenneth B. de Graaf

President & Chief Executive Officer

Email: kennethd@minfocus.com

About Minfocus Exploration Corp.

Minfocus Exploration Corp. is a Canadian company currently advancing a portfolio of base metal projects including zinc and nickel projects in British Columbia and a Platinum Group Element (“PGE”) rich nickel project in N.W. Ontario. Minfocus has a successful management group with a record of multiple discoveries of deposits worldwide, including gold and uranium deposits in Mongolia and PGE-rich resources in Ontario, including the discovery of the first Platinum-rich Pt-Pd-Cu-Ni deposit in the Midcontinent Rift, the Current Lake deposit (+700,000 oz. Pt-Eq).

The Qualified Person who has reviewed and approved the technical content contained in this release is Dr. Graham C. Wilson, P.Geo.(Ont), a director of Minfocus.

Neither the TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

This press release includes certain forward-looking statements concerning the future performance of the Company’s business and operations as well as management’s objectives, strategies, beliefs and intentions. Forward-looking statements are often identifiable by the use of words such as “may”, “will”, “might”, “would”, “plan”, “believe”, “expect”, “anticipate”, “intend”, “estimate”, “scheduled”, “forecasts” and similar expressions or variations (including negative variations) of such words and phrases. Forward-looking statements are based on the current opinions and expectations of management, and are subject to a number of risks and uncertainties that may cause actual results, performance or achievements of the Company to be materially different from those currently anticipated by such statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, the possibility that future exploration results will not be consistent with the Company’s expectations, fluctuating commodity prices, delays in commencing the Company’s proposed drilling program, exploration costs varying significantly from estimates, the availability of financing, and other risks identified in the Company’s documents filed with the Canadian securities regulatory authorities at www.sedar.com. Any forward-looking statement speaks only of the date on which it is made, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.